IFSC Code, MICR Codes for STATE BANK OF PATIALA in PUNJAB - MUKTSAR - ALAMWALA - ALAMWALA

STATE BANK OF PATIALA RTGS HO Branch in ALAMWALA - Address, IFSC, MICR Code


IFSC Code

STBP0000495

MICR Code

WAITING

Branch

ALAMWALA

Contact

254603

Address

FAZILKA ROAD ALAMWALA

City

ALAMWALA

District

MUKTSAR

State

PUNJAB





What is IFSC Code of STATE BANK OF PATIALA situated at ALAMWALA- RTGS-HO?
IFSC Code of STATE BANK OF PATIALA situated at ALAMWALA - RTGS-HO is

STBP0000495

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.